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Did Austerity Cause Brexit?

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Thiemo Fetzer. 2019. “Did Austerity Cause Brexit?” American Economic Review 109 (11): 3849-86.
[Copyright American Economic Association; reproduced with permission of the American Economic Review]
Check the author’s website for the posted paper:
The Brexit referendum in June 2016 marked an end to 70 years of economic and political integration across Europe. What led to this moment? Why was there so much pressure within the UK to hold an EU referendum, and why did so many voters choose Leave? This paper studies the role of one potentially important factor: the UK government’s austerity measures and the subsequent shrinking of the welfare state.
About this channel:
econimate is a YouTube channel aimed at making cutting-edge research in economics accessible and engaging. What questions are economists asking, how are they tackling them, and how does this research help us understand the world around us?
Created by Hoai-Luu Nguyen
[Copyright American Economic Association; reproduced with permission of the American Economic Review]
Check the author’s website for the posted paper:
The Brexit referendum in June 2016 marked an end to 70 years of economic and political integration across Europe. What led to this moment? Why was there so much pressure within the UK to hold an EU referendum, and why did so many voters choose Leave? This paper studies the role of one potentially important factor: the UK government’s austerity measures and the subsequent shrinking of the welfare state.
About this channel:
econimate is a YouTube channel aimed at making cutting-edge research in economics accessible and engaging. What questions are economists asking, how are they tackling them, and how does this research help us understand the world around us?
Created by Hoai-Luu Nguyen
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